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Graphic India secures $5m funding from investors at Liquid Comics, and others

Digital graphic story telling startup Graphic India has raised funding of $5 million from investors at its parent Liquid Comics, and other investors including Start Media, 3One4 Capital, Backflip Studios’s co-founder Julian Farrior, and Zodius Capital‘s founder Neeraj Bhargava. The Bangalore-based company creates digital graphic characters and comics which represents India, such as mythic heroes, bollywood heroes like Baahubali, and Amitabh Bacchan amongst others. The startup will use the fresh capital to launch graphic characters for international markets as well and will expand its business with original mobile content, TV/film distribution and virtual reality content. Liquid Comics, previously known as Virgin Comics, had launched Graphic India in 2011 as its new digital platform to promote comic books and showcase young artists and writers in India. Graphic India is currently producing animation on TV and digital platforms with partners including Disney, Amazon Prime Video, Cartoon Network, Rovio, Viacom18 and others. The company previously raised funding of $2.8 million in March 2015, to develop its comics and superheroes characters that are Indian. It says on its website that, "in the same way that America created superheroes and Japan created anime, Graphic India is tapping into the creativity of India to launch a new wave of enduring characters and mythic heroes to captivate the imaginations of youths in India and around the world." Shashi adds: Liquid Comics had started off with immense promise but has not been able to attract mainstream appeal as Marvel and DC Comics' characters. It published comic books such as Devi, created by Shekhar Kapur and actress…

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